Borutg

FLUX/USDT 6H falling wedge and possible double bottom on daily

BINANCE:FLUXUSDT   FLUX / TetherUS
FLUX is possible forming huge double bottom on daily. It broke from daily trendline and retested the 200MA daily. Now is consolidating in falling wedge.

I'm looking for 2 possible trades:
1. retest of falling wedge breakout with small target of measured move of falling wedge breakout - short time trade.
2. retest of the daily double bottom breakout with measured move around 2.269 - long time trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.